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Posted on: Nov. 29, 2018, 5:21 p.m.
At least one of the more than 50 agencies owned by struggling network MDC Partners recently made an effort to buy itself back from the company only to be rejected by the board of directors, according to Adweek’s sources. On Wednesday night, MDC responded to a Nov. 19 SEC filing by hedge fund investor FrontFour Capital Group that aggressively called for change on the board and criticized its leadership for not acting quickly enough. Full investment news article